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Didi away from Wall Street: China changes strategy

News Snapshot:

Didi returns home, yields to pressure from Beijing and prepares to say goodbye to Wall Street to land in Hong Kong 5 months after the debut on the NYSE. The reverse was announced yesterday by the app, born in transport (in paid car rides it has 90% of the Chinese market) and which today, after diversifying into different areas (from deliveries to financial products) boasts 500 million users in addition to the presence in the share capital of Softbank (at 21.5%), Uber (at 12.8%) and Tencent (at 6.8%). Following careful research, the company will immediately start the delisting procedures from…

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